Is Auburndale, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Auburndale has remained a Buyer's Market.
Housing Prices in Auburndale, NY
How much do homes in Auburndale, NY cost?
Median Sold Price
$913,000
$605/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Auburndale was $913,000 in May 2024, up 0.3% from last year, and the median price per square foot was $605.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $235.5K | $255K | +8.3% |
2 Bedrooms | $375K | $349.9K | -6.7% |
3 Bedrooms | $925K | $920K | -0.5% |
4 Bedrooms | $1.1M | $1.0M | -12.6% |
5+ Bedrooms | $1.3M | $1.5M | +7.9% |
Summary: Auburndale housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.3%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 12.6%, and 5+ bedroom homes increased by 7.9%.
Median Sold Price Compared To Nearby Neighborhoods
Auburndale | $910K | $913K | 0.3% |
Bayside | $760K | $750.9K | -1.2% |
Northeastern Queens | $730.7K | $722.2K | -1.2% |
Fresh Meadows | $1.0M | $999K | -1.3% |
Whitestone | $940K | $905K | -3.7% |
Housing Supply in Auburndale, NY
How many homes are available in Auburndale, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
158 | 177 | +12.0% |
Summary: The Auburndale real estate market had 177 homes for sale in May 2024, a 12.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 22 | 28 | +27.3% |
2 Bedrooms | 28 | 31 | +10.7% |
3 Bedrooms | 53 | 59 | +11.3% |
4 Bedrooms | 20 | 21 | +5.0% |
5+ Bedrooms | 35 | 38 | +8.6% |
Summary: The Auburndale housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 27.3%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 8.6%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 16 | +6.7% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Auburndale in May 2024, up by 6.7% month-over-month. Of the 16 sold homes, 88% were sold under asking, 6% were sold at asking, and 6% were sold over asking.
Days on Market for Auburndale, NY
How long does it take to sell a home in Auburndale, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
85 Days | 70 Days | -17.8% |
Summary: Homes in Auburndale had an average of 70 days on market in May 2024, down by 17.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 16 homes were sold in Auburndale; 31% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.